Monthly Rent Report
Financial District Rent Report — June 2022
Asking rents in ZIP 10004, New York City, from 20 listings.
Median 1BR rent in Financial District was $4,750 in June 2022, down 3.6% (−$175) from May 2022 and up 37.5% year-over-year. The middle half of 1BR listings asked between $4,650 and $4,925. That puts Financial District $2,510 above the New York City citywide 1BR median of $2,240. The month's figures are based on 20 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | +$200 (+6.1%) | +$900 (+34.6%) | $3,500 – $3,500 | 1 |
| Studio | $3,500 | +$200 (+6.1%) | +$900 (+34.6%) | $3,425 – $3,575 | 7 |
| 1BR | $4,750 | −$175 (-3.6%) | +$1,296 (+37.5%) | $4,650 – $4,925 | 7 |
| 2BR | $6,195 | −$400 (-6.1%) | +$1,045 (+20.3%) | $6,195 – $6,195 | 1 |
| 3BR | $19,900 | +$10,905 (+121.2%) | +$11,875 (+148.0%) | $19,900 – $19,900 | 1 |
| 3BR | $19,900 | +$10,905 (+121.2%) | +$11,875 (+148.0%) | $19,900 – $19,900 | 2 |
| 4BR | $13,500 | −$1,000 (-6.9%) | — | $13,500 – $13,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Financial District vs. New York City — June 2022
| Bedrooms | Financial District Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,078 | +$1,422 (+68.4%) |
| Studio | $3,500 | $2,078 | +$1,422 (+68.4%) |
| 1BR | $4,750 | $2,240 | +$2,510 (+112.1%) |
| 2BR | $6,195 | $2,600 | +$3,595 (+138.3%) |
| 3BR | $19,900 | $3,200 | +$16,700 (+521.9%) |
| 3BR | $19,900 | $3,200 | +$16,700 (+521.9%) |
| 4BR | $13,500 | $4,400 | +$9,100 (+206.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2022.